He is no longer Helicopter Ben. As he spoke today, the market fell. So the market did not break above the all important 631. As soon as it fell below pivot 630 you should have an idea what to do. Ya, this is a pattern violation (up pattern). Tomorrow's numbers are 629, 626 and 618. 618ish being the forecasted number and would probably act as the magnet for the market to gravitate to. Whenever there is a 20 point difference between the closing price and forecast number, it will fall back in place. That really means another DOW 100 points down expected. 618 also being the bottom channel and if that is broken then we are in real trouble, for wave 5 down will start. BB Ben mentioned "deteriorates" twice and that the credit problem is a long dark tunnel with no light in sight. We are falling into recession. When the market comes to the realisation it is not going to be pretty. As a side bar, a look at the technicals of the Nasdaq 3 horsemen (RIMM, APPL, GOOG) and OIH, they are about to fall over.
Good luck
2c
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